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490 Friars Point Rd - A+ Mini Storage 12,009 SF Specialty Building Offered at $1,539,000 at a 8.39% Cap Rate in Clarksdale, MS 38614

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EXECUTIVE SUMMARY

Turnkey properties providing $129,111 of income in Clarksdale, MS. Two self-storage facilities, known as A+ Mini Storage for sale.
490 Friars Point Road: 77 units
235 Highway 322: 80 units
Total units: 157
These facilities offer both climate-controlled and non-climate-controlled storage ranging in size from 5 x 10 up to 15 x 15. These are the only climate-controlled units in the city!
Owner is retiring and selling both properties together. In addition to the mini storage facilities, there is a single stand-alone warehouse, 6000 square feet, included in the sale.
Units are 100% leased and vacancy is extremely low.
Please see brochure for additional financials.
NOI: $129,111
Offered for sale at $1,539,000.

PROPERTY FACTS

Price $1,539,000
Price Per SF $128.15
Sale Type Investment or Owner User
Cap Rate 8.39%
Property Type Specialty
Property Subtype Self-Storage
Building Class B
Lot Size 0.68 AC
Building Size 12,009 SF
No. Stories 1
Year Built 2006

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
136-140814000-0001200
Land Assessment
$9,000
Improvements Assessment
$17,792
Total Assessment
$26,792
  • Listing ID: 36694009

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 490 Friars Point Rd, Clarksdale, MS 38614

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